Archived Articles

May 18, 2015Sugaronline | http://goo.gl/GftNH2

White sugar prices in the Mediterranean are expected to rise above Eur500/mt for the next campaign, according to Platts, as sources suggest expected sugar shortages in the region will push prices above the current lows.

"The Mediterranean remains a deficit market, and offers for the next campaign are difficult to find…

May 18, 2015Sugaronline | http://goo.gl/wpZiV8

India's sugar production rose by 16 per cent to 27.84 million tonnes (MT) to May 15, resulting in low prices and cane arrears to farmers running at over Rs 21,000 crore (Approx. US$3.3 bln), according to India’s The Statesman.

Indian Sugar Mills Association (ISMA) demanded that the Central Governments should either…

May 18, 2015http://goo.gl/6TGRlC

Senator Sergio Osmeña III and Rep. Jeffrey Ferrer (Neg. Occ., 4 th District) have filed bills stressing that raw cane sugar and raw sugar are one and the same and should be exempted from Value Added Tax, contrary to revenue regulations issued by the Bureau of Internal Revenue.

The House Committee on Ways and Means, headed by Rep.…

May 7, 2015Sugaronline | http://goo.gl/45kRzK

Sugar Minister H S Mahadev Prasad on Wednesday said processed sugar worth INR100 billion (US$1.56 billion) was lying unsold in godowns across the State, according to India's Deccan Herald newspaper.

Indicating that the sugar market was poor and there could be a delay in disbursing compensation to sugar cane farmers,…

May 12, 2015Sugaronline | http://goo.gl/5XbdpD

The Maharashtra government will pay sugar mills INR1,000 (US$15.56) per tonne of raw sugar as export subsidy. The move aims to help clear the rising sugar stocks in the face of weak global prices, according to the Indian Express newspaper.

The decision, expected to make the state exchequer lighter by INR800 million, is…